57410 Gratiot Ave, New Haven, MI 48048-2721
This exceptional commercial property, located at 57410 Gratiot Ave, New Haven, MI 48048, presents a unique investment opportunity. The 4,400 square foot building, constructed in 1967 and classified as Class B, sits on a spacious 2-acre lot, offering ample parking and potential for expansion. Previously used as a body shop/mechanic, the property features four overhead doors and a 12-foot clearance ceiling, ideal for businesses requiring significant vehicle or equipment access. The building is currently vacant and zoned for General Business Commercial use. Its prime location on Gratiot Avenue, just north of 26 Mile Road, ensures high visibility with over 30,000 vehicles passing daily. The asking price is $595,000, translating to $135.23 per square foot. This versatile property is suitable for a variety of commercial uses, making it an attractive option for entrepreneurs seeking a high-traffic location with significant space and potential. The property consists of two buildings, each one story. This is a rare opportunity to acquire a substantial commercial property in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RLD · New Haven, MINew Haven. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.